CURRENT AFFAIRS
DAILY CURRENT AFFAIRS
A)
Cooperative Banks
B)
Foreign Banks
C)
Local Area Banks
D)
Regional Rural Banks

Correct Answer : Option (A) - Cooperative Banks

Note :

The Reserve Bank of India released guidelines for co-operative banks to manage risks that could arise from outsourcing of financial services.
As per the guidelines, the bank should retain the core control of outsourced activities and make the outsourcing as per guidelines within six months. It also said the CEO and the senior management of co-operative banks would be responsible for evaluating risks of all outsourcing activities.

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Published On : July 18, 2021
A)
Rihanna
B)
Billie Eilish
C)
Beyonce
D)
Lady Gaga

Correct Answer : Option (C) - Beyonce

Note : 24-time Grammy winner Popstar Beyonce(38 years old) to receive the Humanitarian Award at 20th edition of annual BET Awards 2020, for her long standing philanthropic work, including her recent COVID-19 relief efforts. The event will be held virtually for the 1st time on June 28.

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Published On : July 18, 2021
A)
Uttarakhand
B)
Kerala
C)
Assam
D)
Nagaland

Correct Answer : Option (A) - Uttarakhand

Note : The Forest Department of Uttarakhand has developed India's First Lichen Park in Munsyari(Munsiyari), Pithoragarh district, Uttarakhand as a research centre with over 150 Lichen species - Jurassic Era plant which was inaugurated on 27th June 2020, The development process of the 1.5 acres park began in 2019.

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Published On : July 18, 2021
A)
Corona Responsive ASEAN
B)
Active and Responsive ASEAN
C)
Active and Responsible ASEAN
D)
Cohesive and Responsive ASEAN

Correct Answer : Option (D) - Cohesive and Responsive ASEAN

Note : The 36th Association of Southeast Asian Nations (ASEAN) Summit was held via video conference on the theme "Cohesive and Responsive ASEAN". The summit was chaired by Vietnamese Prime Minister Nguyen Xuan Phuc as Vietnam is ASEAN's chair in 2020. The focus of the meet was on COVID-19 response, post-pandemic recovery and further cooperation with partners.

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Published On : July 18, 2021
A)
July 1, 2020
B)
July 3, 2020
C)
July 31, 2020
D)
August 3, 2020

Correct Answer : Option (B) - July 3, 2020

Note : The Government will launch the 4th phase of 'Vande Bharat Mission' from July 3, 2020. Under this phase, Air India will undertake 170 flights across 17 countries during July 3 - 15, 2020.

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Published On : July 18, 2021
A)
30th June
B)
29th June
C)
28th June
D)
27th June

Correct Answer : Option (B) - 29th June

Note : United Nations International Day of the Tropics is observed annually on 29th June to raise awareness about the challenges faced by the tropical areas and the importance of the tropical areas in achieving the Sustainable Development Goals (SDG).

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Published On : July 18, 2021
A)
Health
B)
Sports
C)
Agriculture
D)
Tourism

Correct Answer : Option (C) - Agriculture

Note :

Union Finance Minister Nirmala Sitharaman announced that the North Eastern Regional Agricultural Marketing Corporation (NERAMAC) is to be revived with a package of Rs 77.45 crore.

The Minister also announced a credit guarantee scheme worth Rs 1.1 lakh crore for Covid-affected sectors with Rs 50,000 crore out of this for scaling up the healthcare sector. Rs. 23,220 crore more is earmarked for public health with emphasis on paediatric care.

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Published On : July 18, 2021
A)
Standard Chartered Bank
B)
Canara Bank
C)
HDFC Bank
D)
ICICI Bank

Correct Answer : Option (A) - Standard Chartered Bank

Note : SOLV, a B2B (business to business) digital platform for Micro, Small and Medium Enterprises (MSMEs), has launched a tailor-made credit card in partnership with Standard Chartered Bank, India. SOLV MSME Credit Card provides MSME clients with a ready means to meet ongoing business expenses including supplier payments, fuel, logistics, purchase of raw material, utility payments and working capital outlays.

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Published On : July 18, 2021
A)
Wildcraft
B)
Peter England
C)
Indian Medical Care
D)
Indian Garment Company

Correct Answer : Option (D) - Indian Garment Company

Note : The National Research Development Cooperation (NRDC) has signed a technology licensing agreement with an Agra-based apparel manufacturing entity, the Indian Garment Company. The agreement aims to manufacture know-how of a Personal protective equipment Suit named NavRakshak. NavRakshak PPE was principally developed by Dr. Arnab Ghosh, a Naval Doctor.

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Published On : July 18, 2021
A)
$1500 million
B)
$1000 million
C)
$750 million
D)
$500 million

Correct Answer : Option (D) - $500 million

Note : The World Bank has approved a $500 million loan to improve the quality and governance of school education in six Indian states. The approval is given by the Board of Executive Directors. The board approved a loan for Strengthening the Teaching-Learning and Results for States Program.

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Published On : July 18, 2021